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StockNews.com
StockNews.com
Business
Malaika Alphonsus

3 High-Quality Restaurant Stocks to Watch and Buy This Week

With the restaurant industry struggling amid a labor crunch, legislators could boost wages to attract workers to meet demand. The rising wages have led restaurant operators to turn toward automated technology, such as artificial intelligence software and robots, to cut their labor costs.

According to a Lightspeed Commerce Inc. (LSPD) survey of 1,100 restaurateurs and 7,000 consumers globally, 57% of respondents agreed that new technology adoption over the past two years has been critical for their business.

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